In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
Suncor Energy released its 2015 corporate guidance today, which includes capital spending of between $7.2 and $7.8 billion and planned average production of 540,000 to 585,000 barrels of oil equivalent per day. "Our production guidance for next year reflects a continued trend of improved rel... Wednesday, November 19, 2014
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the Intern... Thursday, October 30, 2014
Fluor Corporation (NYSE: FLR) was awarded an engineering, procurement, fabrication and construction contract by Fort Hills Energy L.P. for the utilities scope of the Fort Hills oil sands mining project. The project is located about 90 kilometers north of Fort McMurray in Alberta, Canada. Fluor booke... Wednesday, September 24, 2014
Suncor Energy announce that, along with The Pioneer Group Inc., it has reached an agreement to sell the assets of Pioneer Energy to Parkland Fuel Corporation for $378 million. Suncor, as one of the current joint owners of Pioneer Energy, will receive $182.5 million in cash for its share. The agreem... Thursday, September 18, 2014
All Suncor Energy News
Suncor Energy announce it has reached an agreement to sell its Wilson Creek assets located near Rimbey, Alberta to Tamarack Acquisition Corp., a wholly owned subsidiary of Tamarack Valley Energy Ltd., for $168.5 million. Estimated net production year to date from this business was 1,702 boe/d. Wils... Thursday, September 4, 2014